Notifications
Clear all
Pirate's Cove
1
Posts
1
Users
0
Reactions
171
Views
Jul. 17, 2021 4:33 pm
At 5% inflation:
The buying power of a dollar goes to 50 cents in 15 years,
and in 30 yrs at 5% inflation, a dollar goes to a quarter.
This is particularly tough in an investment that has a set payout in the future,
like a life insurance policy.
A $100,000 face value Life insurance policy
will drop to $25000 purchasing power in 30 years at 5% inflation.